Export earnings from sunflower oil shipment surged 23% in Jan-Aug
8 September 2020, 16:34
In the period of Jan-Aug 2020, sunflower oil export from Ukraine amounted to 4.68 mln t, 19% more YoY, the State Customs Service of Ukraine reports.
In monetary terms, export earnings from sunoil shipment increased by 23% YoY to USD 3.43 bln (Jan-Aug 2019: USD 2.8 bln).
Key importing countries in the reporting period:
- India: 1.17 mln t, USD 857.5 mln, 24.92% of the total supply
- China: 669.1 thou. t, USD 490.1mln, 14.29%
- Netherlands: 444.8 thou. t, USD 325.9 mln, 9.5%
- other countries: 2.4 mln t, USD 1.76 bln, 51.29%
Earlier it was reported that among all agricultural commodities, it was a sunflower that had the week's biggest price increase with the rise of +30 USD/t.
